Choose one clear exit workflow for PickMyTrade IBKR

Quick answer

Identify whether TradingView sends exits or PickMyTrade attaches broker-side stops and targets. Configure the documented mode with care. Mixing independent exit instructions can leave duplicate or unexpected closing orders.

Educational software guidance. Trading involves risk. Read the financial and information disclaimers.

Step by step

1 In PickMyTrade, select IB and open Generate Alert. Choose STRATEGY under Alert Type and confirm the Instrument Type. See screenshot.
2 Compare No SL/TP, Attach SL/TP to Orders, and Multiple Exits (TP1, TP2...). Choose the mode that matches how your script supplies exits. See screenshot.
3 Review the generated settings and any stop or target values. Record which system sends each closing instruction. Do not assume an exit card proves that a broker stop exists.
4 In a paper test, compare the TWS entry and child orders with the chosen mode. See screenshot.
5 After a test exit, check the remaining position and any surviving orders.

A practical example

Suppose your chart sends both entry and exit alerts, while you also ask the app to place a stop and target. You need to know what happens when either route closes the trade first. Does a working exit remain? Does the next chart exit still send a new close? Follow the mode that the app documents and check one full paper cycle. Start with one small planned case. At the end, read the actual position and the order list. An empty position does not prove that no old stop is still waiting.

Illustrative scenario, not a record of a trade placed during this review.

Screen reference

PickMyTrade strategy choices No SL/TP, Attach SL/TP to Orders and Multiple Exits — These three unselected cards show the available exit modes. Select a mode only after checking how the script sends exits. No broker stop or target was created. Captured in PickMyTrade on 3 October 2026. Open the image for full size.

PickMyTrade Generate Alert Symbol Details with IB and STRATEGY selected — Choose Alert Type, Instrument Type and the intended TradingView symbol here. The fields are incomplete in this example. No alert message or order was generated. Captured in PickMyTrade on 3 October 2026. Open the image for full size.

Unsent TWS order with unchecked bracket, profit-taker and stop-loss controls — The bracket checkboxes are unchecked. This capture shows input locations only; no bracket was enabled or order transmitted. Captured in TWS paper mode on 3 October 2026. Open the image for full size.

Empty TWS Activity Orders panel and Trades tab — Use Orders to inspect order state and Trades to inspect executions. This empty paper view shows the location; it does not reproduce a rejection or prove a fill. Captured in TWS paper mode on 3 October 2026. Open the image for full size.

How to confirm the result The strategy should have one understood route for each exit, with no unexplained leftover closing orders.

Mistake to avoid

Do not assume a missing stop is a TWS failure if the chosen mode intentionally relies on TradingView exit alerts.

Common questions

Does every mode attach a stop?

No. Check the documented mode you selected.

Can I assume all partial-exit combinations are supported?

No. Verify the current app’s supported combinations and test them.

TradingView to IBKR through PickMyTrade: setup checks TradingView alert fired but no IBKR order appeared TradingView webhook delivery failed: check the cause TWS stop versus stop-limit: why an exit may wait

Financial and information disclaimers

Financial disclaimer

These guides explain software. They are for education, not financial, investment, tax, or legal advice. No example is a suggestion to buy or sell a product or use a trading strategy. Trading can lose money, including all funds you put at risk. With margin, futures, short sales, or some options, losses can exceed your starting funds. Automation can fail, send duplicate orders, or act late. Stops do not guarantee a fill or a price. Review your orders and positions, and seek advice from a qualified professional for your own needs. Paper trades, examples, and past results do not predict live results or promise a profit.

Information disclaimer

This is general help based on the sources and check date shown on the page. Screens, settings, fees, data access, and product support can change or differ by app version, account, country, and broker. The content may contain errors or become out of date; accuracy, completeness, and continuous service are not guaranteed. Check current broker and app instructions before acting. Screenshots show where controls are; they do not prove that an order test passed. This guide does not replace broker terms or risk notices. References to IBKR and TradingView identify their products and do not imply their endorsement of this guide.